BIT:PHN - Euronext Milan - IT0005274094 - Common Stock - Currency: EUR
We assign a technical rating of 0 out of 10 to PHN. PHN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of PHN is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
44.99
We found 3 important support areas.
When analyzing the resistance we notice 4 important areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for PHN.MI is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PHN.MI is down. |
ChartMill Relative Strength | 33.09 | NEUTRAL | PHN.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PHN.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PHN.MI is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of PHN.MI is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 38.16 | NEUTRAL | The RSI value for PHN.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests PHN.MI has a negative trend. |
Stochastics (14,3) | 14.68 | OVERSOLD | The low Stochastics value suggests PHN.MI may be oversold. |
Average True Range in percent/ATR (20) | 2.63 | MEDIUM VOLATILITY | The ATR as a percentage value for PHN.MI suggests some volalility. |
Average Directional Index/ADX (14) | 17.71 | NEGATIVE | The low ADX value for PHN.MI suggests a weak or negative trend. |
BIT:PHN (5/23/2025, 7:00:00 PM)
49.6
-0.6 (-1.2%)